EquityLK

Serendib Land PLC

SLND.N0000Moderately overvalued

Property & Construction · Real Estate Development

Serendib Land PLC is a Colombo Stock Exchange–listed property company whose principal activity is the leasing of office premises for commercial purposes. The Company is classified in the Real Estate Management & Development sector and is described on the exchange as a Property Developer.

SLND shares are up 77.5% over the past year and last closed at Rs 2,753.75 on Sep 30, 2026.

Rs 2,753.75
+0.00%
Price history
+77.55%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+9.0+13.9-12.2+16.7+30.0+19.1+3.0-4.7-12.9+0.0+0.0+0.0
2025-6.3+0.0+0.0+0.0+0.0+0.0-0.1+16.2-5.9+12.8+14.3-17.5
2024+0.0+0.0+0.0+7.7-0.7+0.0+0.0+0.0+0.0+0.0+0.0+16.9
2023+0.0+4.9-5.4+8.8-4.4+0.0+0.0+0.0+1.6+0.0+0.0+0.0
2022-25.0+2.5-12.2+0.0+0.0+0.0+0.0+0.0+4.8-12.0+4.2+0.0
2021+14.7+12.6+16.1-13.9-2.2+2.2-0.1-10.8-2.2+0.0-5.2-5.3
2020+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+36.2
2019+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0
2018+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0
2017+0.0+0.0+0.0+2.2-3.3+0.0+0.0-1.3+21.7-17.1+0.0+0.0
2016+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0
2015+0.0+0.0+0.0+0.0+0.0+63.9-12.2-0.8+32.4+0.0+0.0+0.0
2014+0.0+0.0+14.4+0.0+0.0+0.0+0.0+10.5+11.6-14.6-5.0+0.0
2013+0.0-15.6+16.4+13.1-1.6-17.1+3.4-20.0+0.0+0.0+0.0+0.0
2012+0.0+0.0+0.0+0.0+0.0+0.0+0.0+0.0+7.3-1.0-22.4+0.0
Average-1.9+3.7+2.4+5.8+3.0+13.6-1.0-1.4+6.5-5.3-2.4+7.6
ASPI average+3.1-2.7-4.7+2.0+0.2+0.8+3.1+2.2+3.2-0.1+1.0+3.0
Median+1.4+4.9+0.0+8.2-1.9+2.2+0.0-1.0+4.8-6.5-2.5+5.8
% up50%80%43%83%17%60%33%25%67%17%50%50%
P/E
-
P/B
1.60
EPS
Rs -23.69
Div Yield
0.44%
Market Cap
Rs 1.1B
Beta
0.51
ROE
5.9%
Op Margin
-

Fundamentals

LineFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue
Rs 6.8M
-75.0%
Rs 27.0M
+0.0%
Rs 27.0M
+0.0%
Rs 27.0M
+0.0%
Rs 27.0M
-5.0%
Rs 28.5M
+8.0%
Rs 26.4M
+0.0%
Rs 26.4M
+107.2%
Operating profit
Rs 49.9M
+231.0%
Rs 15.1M
-72.9%
Rs 55.7M
-37.8%
Rs 89.5M
+33.7%
Rs 66.9M
+222.4%
Rs 20.8M
-75.0%
Rs 83.0M
+1,092.5%
Rs 7.0M
-96.9%
Net profit
Rs 44.4M
+230.3%
Rs 13.4M
-72.8%
Rs 49.4M
+71.0%
Rs 28.9M
-53.6%
Rs 62.3M
+225.7%
Rs 19.1M
-75.0%
Rs 76.6M
+976.5%
Rs 7.1M
-96.7%
EPS
111.25
+230.3%
33.68
-72.8%
123.86
+71.0%
72.44
-53.6%
156.25
+225.7%
47.97
-77.4%
212.65
+976.7%
19.75
-96.7%

Compared with the same period a year earlier.

Parent company only. Subsidiaries are not included.

Per-share figures are as reported, not adjusted for splits.

Recent dividends

  • 2025 · first and finalRs 15.00
  • 2024 · first and finalRs 25.00
  • 2023 · first and finalRs 25.00
  • 2022 · first and finalRs 25.00
  • 2021 · first and finalRs 25.00
  • 2020 · first and finalRs 25.00
  • 2019 · first and finalRs 25.00
  • 2018Rs 10.00
Peer comparison9 peers in Property & Construction
Sector overview Open in screener
1Colombo City Holdings Plc
PHAR.N0000
Rs 203.75
P/E
11.9
P/B
1.67
ROE
13.87%
Yield
0.00%
2Commercial Development Co. Plc
COMD.N0000
Rs 293.50
P/E
8.8
P/B
0.78
ROE
8.87%
Yield
2.39%
3Seylan Developments Plc
CSD.N0000
Rs 24.40
P/E
11.1
P/B
0.61
ROE
5.42%
Yield
4.92%
4Cargo Boat Development Co. Ltd.
CABO.N0000
Rs 170.00
P/E
11.7
P/B
0.52
ROE
4.41%
Yield
0.88%
5CT Land Development Plc
CTLD.N0000
Rs 37.00
P/E
21.6
P/B
0.55
ROE
12.36%
Yield
0.00%
6Equity Two Ltd.
ETWO.N0000
Rs 57.40
P/E
6.3
P/B
0.88
ROE
13.83%
Yield
7.68%
7Kerner Haus Global Solutions PLC
CPRT.N0000
Rs 33.00
P/E
-
P/B
-
ROE
-
Yield
0.00%
8York Arcade Holdings PLC
YORK.N0000
Rs 8.90
P/E
-
P/B
5.93
ROE
-1.10%
Yield
0.00%
9Serendib Land PLC
SLND.N0000 · this company
Rs 2,753.75
P/E
-
P/B
1.60
ROE
5.93%
Yield
0.44%
Peer median · 9 companies
P/E 11.4P/B 0.83Yield 0.00%

About Serendib Land PLC

Serendib Land PLC is a Colombo Stock Exchange–listed property company whose principal activity is the leasing of office premises for commercial purposes. The Company is classified in the Real Estate Management & Development sector and is described on the exchange as a Property Developer. Its operations are focused on ownership and leasing of investment properties and recognition of rental income from operating leases; the Company also accounts for leases where it is a lessee through right-of-use assets and lease liabilities under its accounting policies. Details of movements in investment properties are disclosed in the financial statements. The Company prepares its financial statements in accordance with Sri Lanka Accounting Standards and reports under the Listing Rules of the Colombo Stock Exchange. It operates in Sri Lanka.

Interest Rates

AI analysis

bearish

Evidence points bearish because June swung from profit to a LKR 1.7 million loss as rental revenue disappeared. The balance sheet nevertheless held net cash.

Read the full report (Sep 29, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

No scored news in the last 30 days.

24 months positive negative 3-month net
Nov 25: 6 articles, net +0.23Dec 25: 3 articles, net +0.67Jan 26: 2 articles, net +0.50Jul 26: 3 articles, net -0.33Aug 24Dec 24Apr 25Aug 25Dec 25Apr 26
Recent news
View all news →
Daily FT·Jul 21, 2026·Management or board change
MAS' Rajiv Dharmendra joins Serendib Land Board

Serendib Land PLC has appointed Rajiv Dharmendra, CEO of MAS Intimates, as an Independent Non‑Executive Director. Dharmendra has over 21 years at MAS Holdings and was also appointed a Non‑Executive Director of Sri Lanka Insurance Corporation effective 1 Jan 2025.

Property & Construction sector: what is happening

Last 14 days to Sep 30, 2026

Property and construction faced a mixed policy backdrop: the proposed property tax was deferred from the 2027 Budget, while TIN certification becomes mandatory from 1 November for building-plan approvals and land registration, adding a compliance step to transactions. Public construction activity progressed through the Muthurajawela fuel-terminal contract and planned hospital infrastructure projects. Construction services exports fell in August.

The stories behind it

Auto-generated from 12 sector news articles over 14 days. Not investment advice.